Matahari Strengthens Specialty Retail Business

By Editorial Team 27/08/2019
Summary

PT Matahari Department Store Tbk (LPPF) continues to strengthen the specialty retail business segment that sells specialty products. Last week, this subsidiary of Lippo Group added a 361° Mono Store that offers sports equipment, such as shoes and clothing, in Medan, North Sumatra. Matahari Department Store targets consumers who have an active lifestyle.

The store in Medan became the sixth 361° Mono Store operating in Indonesia. The mono store is a collaboration between Matahari Departement Store and 361° International Limited, a company engaged in the retail industry of shoes and sports equipment from China. In this collaboration that began last year, LPPF operates a network of 361° Mono Store in Indonesia.

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